I think what he really means to say is that white privilege sucks. Or rather that is what he would mean to say if he weren't so hateful. It's clear that he doesn't really understand the concept of privilege because he thinks white women are more privileged than white men: "There are some people that believe the pedestal that white women are on extends to white men. For those who still believe this, or do not believe that white men have a legitimate complaint about white male bashing in the media need to watch this clip."

This is completely ungrounded armchair psychology, but doesn't it sound like he's just been dumped by a bunch of white women in the past? It seems like he's twisted the concept of privilege so that it excludes him and he can feel sorry for himself.